Real Estate SCAMS & Wire FRAUD! #realestatetips #realestate #realtor #realtortips #homebuyers

Send this to someone who is planning to purchase a home!! Real estate scams are on the rise and here is how you can protect yourself!

So, story time… A Denver couple, just days away from closing on their home, lost $30,000 due to an email scam. They received a fraudulent email instructing them to wire the money to a fake account.

Tip 1 I have for you all… Verify Email Addresses!
Always double-check email addresses from any communication regarding real estate transactions. Scammers often use addresses that look similar to legitimate ones.

Tip 2: Confirm Wiring Instructions
Before wiring any money, call your real estate agent or title company using a known phone number to confirm the instructions.

Scammers are getting smarter, but by staying vigilant, you can protect yourself from these traps!

#realestate #realtor #realestatetips #escrow #pnwrealestate #seattlerealtor #washingtonrealtor #wirefraud #realtortips #realestateagent

[nikolalakic]

Amazing how many people fall for the “small typo in email address” scam